Short Interest in Invesco International Dividend Achievers ETF (NASDAQ:PID) Declines By 90.7%

Invesco International Dividend Achievers ETF (NASDAQ:PID) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 16,359 shares, a decline of 90.7% from the April 15th total of 175,010 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 207,258 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PID. Evelyn Partners Asset Management Ltd acquired a new position in Invesco International Dividend Achievers ETF during the fourth quarter worth $31,000. Ameriflex Group Inc. acquired a new position in Invesco International Dividend Achievers ETF during the fourth quarter worth $31,000. Camelot Portfolios LLC acquired a new position in Invesco International Dividend Achievers ETF during the fourth quarter worth $33,000. Russell Investments Group Ltd. acquired a new position in Invesco International Dividend Achievers ETF during the fourth quarter worth $43,000. Finally, Advisory Services Network LLC acquired a new position in Invesco International Dividend Achievers ETF during the third quarter worth $58,000. 46.28% of the stock is owned by hedge funds and other institutional investors.

Invesco International Dividend Achievers ETF Price Performance

Shares of PID stock traded down $0.01 during midday trading on Tuesday, hitting $22.84. The company had a trading volume of 19,587 shares, compared to its average volume of 101,738. The company’s 50 day simple moving average is $22.64 and its 200 day simple moving average is $22.39. Invesco International Dividend Achievers ETF has a 52-week low of $19.70 and a 52-week high of $23.76. The stock has a market cap of $914.51 million, a price-to-earnings ratio of 15.28 and a beta of 0.70.

Invesco International Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.1976 per share. This is an increase from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.12. This represents a $0.79 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 23rd.

About Invesco International Dividend Achievers ETF

The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.